Clearpool 2025 Yearly Review

Building the Credit Layer for the Stablecoin Economy

As we enter 2026, Clearpool stands at a defining moment in its evolution as on-chain credit infrastructure for the stablecoin economy. To date, the protocol has facilitated $924.4 million in total loans originated, reflecting sustained demand, growing trust, and consistent utilization across the ecosystem. Alongside this growth, Clearpool has reached $67.2 million in total value locked (TVL) and distributed $10.75 million in interest to lenders, underscoring the strength of its yield-generating model.

As stablecoins continue to scale across payments, trading, and real-world financial applications, demand for real, sustainable yield remains strong. Clearpool is meeting this demand by providing institutional-grade credit and short-term liquidity, ensuring capital remains productive as stablecoins become an increasingly foundational layer of global finance.

Bridging Traditional Capital and Stablecoins

2025 marked a pivotal year for Clearpool as the protocol doubled down on its core mission: building a seamless bridge between traditional capital markets and the stablecoin economy. Beyond continued growth in institutional lending, the year saw Clearpool expand meaningfully into real-world payment flows, providing receivables-backed financing to remittance providers and cross-border fintechs.

Stablecoins are rapidly reshaping how value moves across borders, platforms, and networks. Clearpool is building the credit layer that enables this transformation,unlocking short-term liquidity, improving capital efficiency, and ensuring funds can move continuously in a global, always-on financial system.

Products: Scaling Institutional-Grade Stablecoin Yield

USDX T-Pool

Generating real-world yield on stablecoins remained a central focus throughout 2025. One of Clearpool’s flagship products, the USDX T-Pool, continued to gain traction, reaching new all-time highs in TVL. Its growth reflects strong demand for transparent, low-volatility yield products backed by institutional credit activity.

X-Pool

Building on the success of the T-Pool, Clearpool launched X-Pool in partnership with Hex Trust. X-Pool represents a new chapter in stablecoin yield, providing on-chain investors with access to institutional-grade, market-neutral strategies designed to deliver sustainable returns.

X-Pool is purpose-built for stablecoin holders seeking consistent performance without excessive volatility. The vault dynamically balances traditional and crypto-native yield sources within a single structure.

Credit Vaults & Revolving Lines of Credit

A first of its kind Credit Vault was also introduced, featuring a revolving line of credit (RLOC) structure tailored for institutional borrowers.

While fixed-term loans are well-suited for static funding needs, they are less efficient for desks with variable or seasonal liquidity requirements, where interest is paid on unused capital. Clearpool’s RLOC model addresses this inefficiency by allowing borrowers to draw capital as needed and pay interest only on the amounts they utilize. The first RLOC vaults are scheduled to launch soon.

Clearpool Prime: Institutional Lending at Scale

Clearpool Prime is the protocol’s permissioned institutional lending and borrowing platform, designed for whitelisted counterparties and built to bring established credit practices fully on-chain. Prime is live across Ethereum, Polygon, Arbitrum, Optimism, and Avalanche, providing broad access to institutional DeFi liquidity.

Institutional lenders on Prime benefit from full transparency into utilization, performance, and repayment. As we enter 2026, Total Loans Originated (TLO) on Prime has surpassed $300 million, marking a significant milestone in the adoption of institutional-grade on-chain credit.

New Chain Expansions

Since its inception, Clearpool has embarked on a multi-chain strategy as a core priority, continuously evaluating new ecosystems and strategic partnerships to expand access to on-chain credit.

Plume Network

2025 marked the deployment on Plume Network, the first full-stack blockchain built specifically for Real World Asset Finance (RWAfi). This integration accelerates tokenization, improves yield accessibility, and enables on-chain scaling of real-world credit.

Plasma

Institutional credit was also extended to Plasma, a purpose-built blockchain for stablecoins. To support this initiative, the Plasma Foundation awarded Clearpool $400,000 in XPL as strategic ecosystem funding. This support will be deployed through liquidity mining programs, deep protocol integrations, and ecosystem incentives to drive adoption and TVL growth. The deployment and launch on Plasma is set to go live in the coming months.

Borrower Highlights

Onboarding high-quality borrowers remains a core priority for Clearpool. Key highlights include:

• Monarq Asset Management launched on Clearpool Prime
• Ola Labs became the inaugural borrower on Plume and launched the first Fintech Vault on Plume Network
• Flow Traders expanded borrowing activity on Clearpool Prime, including a $10M loan

Partnership Highlights: Cicada

One of the most significant partnerships in the second half of 2025 was with Cicada, an on-chain credit risk advisory and management firm founded by experienced buy- and sell-side credit professionals.

Cicada’s team has previously underwritten $850M+ in loans with a 1.2% default rate and now provides Risk-as-a-Service (RaaS) for institutional DeFi. Their offerings include third-party underwriting, pool and risk management, and credit structuring and advisory services.

This partnership plays a critical role in institutionalizing on-chain lending by embedding robust, transparent risk management into Clearpool’s credit ecosystem.

CPOOL Token

On the token side, Clearpool continued to expand global accessibility of its native token (CPOOL) through strategic exchange listings. In Q4, CPOOL was listed on Upbit and Bithumb, two of South Korea’s largest digital asset exchanges, as well as Bitpanda, one of Europe’s leading digital asset platforms.

Clearpool also entered a strategic partnership with KODA (Korea Digital Asset Custody Co., Ltd.), jointly established by KB Kookmin Bank, Hashed, and Haechi Labs. This partnership represents a major step forward in Clearpool’s expansion within the Korean institutional market.

CPOOL will also be integrated into KODA’s custody platform, providing institutions with secure, compliant access to Clearpool’s ecosystem. The integration paves the way for future participation in governance, staking, and liquidity initiatives through KODA’s regulated framework.

Looking Ahead to 2026

As Clearpool moves into 2026, the protocol does so with strong momentum across its core pillars. With over $924.4 million in loans originated, Clearpool has demonstrated clear demand for institutional-grade, on-chain credit and sustainable yield.

Looking forward, Clearpool will focus on scaling its credit infrastructure to meet the evolving needs of institutional borrowers and lenders as stablecoins continue to embed themselves in global financial markets. With new product launches, deeper ecosystem integrations, and enhanced risk management on the horizon, Clearpool is well-positioned to drive the next phase of institutional stablecoin finance and on-chain capital markets.

Stay tuned for the release of our updated 2026 vision and roadmap, as we position the protocol for the next phase of expansion across institutional stablecoin finance and on-chain capital markets.